• 1702 Cecil B Moore Avenue PHILADELPHIA, PA 19121

  • $849,900
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 1440
    Sqft

Welcome to an exceptional investment opportunity in close proximity to Temple University campus! This four-story commercial/multi-family property presents an ideal prospect for investors, particularly those interested in student housing. Situated on an 18 x 80 lot, this property boasts a versatile layout designed to maximize its earning potential. The first floor features a spacious commercial space with flexible usage options, making it suitable for offices, retail stores, non-profit organizations, and more. This prime location ensures high visibility and foot traffic, enhancing the appeal for various business ventures. ****This property can be a package purchase with 1704 Cecil B. Moore, the attached building for $1,499,900 for further investment opportunity.**** Above the commercial space are three units, each comprising five bedrooms and three full bathrooms. With ample living space and modern amenities, these units are perfectly tailored to meet the housing needs of Temple University students. Whether utilized as long-term rentals or short-term accommodations, these units offer lucrative income potential. Furthermore, the property benefits from a remaining tax abatement, providing valuable savings for the discerning investor. This advantageous financial incentive adds to the appeal of this investment opportunity, allowing for increased profitability over time. Don't miss out on the chance to capitalize on this prime investment near Temple University. Whether you're a seasoned investor or new to the market, seize this opportunity to secure a profitable asset in one of Philadelphia's most sought-after locations. Schedule a viewing today and take the first step towards realizing your investment goals!

Property Type :

Multi-Family

Subdivision :

Temple University

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Central A/C

Heating: Central,Heat Pump(s)

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 2017

Structure: Interior Row/Townhouse

New Construction: No

Total Units: 4

Built: 2017

Construction Material: Masonry

Foundation/Basement: Block

Architecture: Split Level,Straight Thru

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 1,440

Dimensions: 18.00 x 80.00

Lot Size (Acres): 0.03

Architectural Style: Split Level,Straight Thru

Stories Total: 4

Main Square Feet: 1,440

Property Information

SQ ft: 5,400

SQ ft (Living Area): 5,400

Total Lot SQ ft: 1,440

Subdivision: TEMPLE UNIVERSITY

Financing: Cash,Conventional

Appx. Lot Dimensions: 18.00 x 80.00

Total Acreage: 0.03

New Construction: No

Type: Split Level,Straight Thru

Listing Information

Possession: Negotiable

Days Of Market: 2

Tax Information

Annual Tax: $1,587

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $113,400

Parking Information

Parking Type: On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Homeowners Association Information

Direction: Between 16th and 17th Streets

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: Between 16th and 17th Streets

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1924 W Berks Street , Philadelphia, PA,19121 $69,900 -- -- 1,120 1120 Sqft
1716 N 26th Street , Philadelphia, PA,19121 $90,000 -- -- 945 945 Sqft
1900 N 24th Street , Philadelphia, PA,19121 $50,000 -- -- 1,299 1299 Sqft
2516 W Diamond Street , Philadelphia, PA,19121 $50,000 -- -- 1,360 1360 Sqft
1815 N Ringgold Street , Philadelphia, PA,19121 $46,500 -- -- 658 658 Sqft
1501 N 31st Street #PH13, Philadelphia, PA,19121 $594,999 3 2.5 -- --
2353 Turner Street , Philadelphia, PA,19121 $80,000 -- -- 835 835 Sqft
1423 W Stiles Street , Philadelphia, PA,19121 $360,000 3 3.0 -- 904 Sqft
1419 W Stiles Street , Philadelphia, PA,19121 $380,000 3 3.0 1,218 904 Sqft
1501 N 31st Street #PH12, Philadelphia, PA,19121 $999,999 3 3.5 -- --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/30/2024 @ 05:51

MLS: PAPH2343696
LISTED BY: Kurt C Werner , RE/MAX Keystone
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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